Tianneng Power International Limited
Tianneng Power International Limited, an investment holding company, engages in the research, development, manufacture, and sale of power batteries for electric vehicle market in the People's Republic of China and internationally. It operates in two segments, Manufacturing Business and Trading. The company offers two and three wheeled electric vehicle, start-stop, energy storage and backup, and s… Read more
Tianneng Power International Limited (TIANF) - Net Assets
Latest net assets as of June 2025: $19.51 Billion USD
Based on the latest financial reports, Tianneng Power International Limited (TIANF) has net assets worth $19.51 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($55.12 Billion) and total liabilities ($35.61 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $19.51 Billion |
| % of Total Assets | 35.39% |
| Annual Growth Rate | 23.13% |
| 5-Year Change | 99.9% |
| 10-Year Change | 445.38% |
| Growth Volatility | 31.52 |
Tianneng Power International Limited - Net Assets Trend (2006–2024)
This chart illustrates how Tianneng Power International Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tianneng Power International Limited (2006–2024)
The table below shows the annual net assets of Tianneng Power International Limited from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $18.91 Billion | +2.52% |
| 2023-12-31 | $18.44 Billion | +7.45% |
| 2022-12-31 | $17.17 Billion | +11.64% |
| 2021-12-31 | $15.38 Billion | +62.56% |
| 2020-12-31 | $9.46 Billion | +29.82% |
| 2019-12-31 | $7.29 Billion | +35.21% |
| 2018-12-31 | $5.39 Billion | +6.43% |
| 2017-12-31 | $5.06 Billion | +23.30% |
| 2016-12-31 | $4.11 Billion | +18.44% |
| 2015-12-31 | $3.47 Billion | +26.28% |
| 2014-12-31 | $2.75 Billion | -10.34% |
| 2013-12-31 | $3.06 Billion | -1.92% |
| 2012-12-31 | $3.12 Billion | +24.87% |
| 2011-12-31 | $2.50 Billion | +27.83% |
| 2010-12-31 | $1.96 Billion | +16.26% |
| 2009-12-31 | $1.68 Billion | +36.10% |
| 2008-12-31 | $1.24 Billion | +16.35% |
| 2007-12-31 | $1.06 Billion | +137.83% |
| 2006-12-31 | $446.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tianneng Power International Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1049456600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $10.49 Billion | 64.94% |
| Common Stock | $109.85 Million | 0.68% |
| Other Comprehensive Income | $3.07 Billion | 19.00% |
| Other Components | $2.49 Billion | 15.38% |
| Total Equity | $16.16 Billion | 100.00% |
Tianneng Power International Limited Competitors by Market Cap
The table below lists competitors of Tianneng Power International Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yunnan Nantian Electronics Information Co Ltd
SHE:000948
|
$554.08 Million |
|
Metropole Tv
OTCGREY:MTPVY
|
$554.15 Million |
|
Hubei Heyuan Gas Co Ltd
SHE:002971
|
$554.24 Million |
|
Healius Limited
PINK:PHCRF
|
$554.44 Million |
|
Africa Oil Corp
PINK:AOIFF
|
$553.65 Million |
|
Amotiv Ltd
AU:AOV
|
$553.56 Million |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
$553.49 Million |
|
Reitir fasteignafélag hf
IC:REITIR
|
$553.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tianneng Power International Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,859,880,000 to 16,160,566,000, a change of 300,686,000 (1.9%).
- Net income of 1,142,405,000 contributed positively to equity growth.
- Dividend payments of 440,779,000 reduced retained earnings.
- Share repurchases of 1,102,188,000 reduced equity.
- Other comprehensive income decreased equity by 454,321,000.
- Other factors increased equity by 1,155,569,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.14 Billion | +7.07% |
| Dividends Paid | $440.78 Million | -2.73% |
| Share Repurchases | $1.10 Billion | -6.82% |
| Other Comprehensive Income | $-454.32 Million | -2.81% |
| Other Changes | $1.16 Billion | +7.15% |
| Total Change | $- | 1.90% |
Book Value vs Market Value Analysis
This analysis compares Tianneng Power International Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.06x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.40x to 0.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $0.60 | $0.83 | x |
| 2007-12-31 | $1.19 | $0.83 | x |
| 2008-12-31 | $1.24 | $0.83 | x |
| 2009-12-31 | $1.64 | $0.83 | x |
| 2010-12-31 | $1.78 | $0.83 | x |
| 2011-12-31 | $2.27 | $0.83 | x |
| 2012-12-31 | $2.75 | $0.83 | x |
| 2013-12-31 | $2.68 | $0.83 | x |
| 2014-12-31 | $2.40 | $0.83 | x |
| 2015-12-31 | $3.02 | $0.83 | x |
| 2016-12-31 | $3.40 | $0.83 | x |
| 2017-12-31 | $4.24 | $0.83 | x |
| 2018-12-31 | $4.46 | $0.83 | x |
| 2019-12-31 | $5.81 | $0.83 | x |
| 2020-12-31 | $7.58 | $0.83 | x |
| 2021-12-31 | $11.26 | $0.83 | x |
| 2022-12-31 | $12.59 | $0.83 | x |
| 2023-12-31 | $13.81 | $0.83 | x |
| 2024-12-31 | $14.25 | $0.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tianneng Power International Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.07%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.49%
- • Asset Turnover: 1.39x
- • Equity Multiplier: 3.42x
- Recent ROE (7.07%) is below the historical average (17.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 33.05% | 14.48% | 1.06x | 2.16x | $102.99 Million |
| 2007 | 19.10% | 10.38% | 1.17x | 1.57x | $96.64 Million |
| 2008 | 18.94% | 9.06% | 1.55x | 1.35x | $110.58 Million |
| 2009 | 16.09% | 12.00% | 1.00x | 1.34x | $102.44 Million |
| 2010 | 17.70% | 9.23% | 1.22x | 1.58x | $150.66 Million |
| 2011 | 24.63% | 11.33% | 1.14x | 1.91x | $365.94 Million |
| 2012 | 23.26% | 7.18% | 1.33x | 2.44x | $404.85 Million |
| 2013 | 4.51% | 0.99% | 1.73x | 2.63x | $-164.95 Million |
| 2014 | -11.40% | -2.17% | 1.61x | 3.26x | $-572.31 Million |
| 2015 | 18.03% | 3.43% | 1.69x | 3.11x | $272.10 Million |
| 2016 | 21.84% | 4.00% | 1.77x | 3.09x | $465.43 Million |
| 2017 | 24.15% | 4.38% | 1.92x | 2.87x | $690.51 Million |
| 2018 | 24.33% | 3.60% | 2.06x | 3.27x | $737.70 Million |
| 2019 | 25.24% | 4.14% | 2.12x | 2.87x | $1.02 Billion |
| 2020 | 28.32% | 4.63% | 2.31x | 2.65x | $1.60 Billion |
| 2021 | 10.01% | 1.52% | 2.62x | 2.52x | $1.90 Million |
| 2022 | 12.44% | 2.41% | 1.86x | 2.78x | $351.97 Million |
| 2023 | 11.49% | 2.17% | 1.79x | 2.95x | $235.85 Million |
| 2024 | 7.07% | 1.49% | 1.39x | 3.42x | $-473.65 Million |
Industry Comparison
This section compares Tianneng Power International Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $94,031,693,577
- Average return on equity (ROE) among peers: 7.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tianneng Power International Limited (TIANF) | $19.51 Billion | 33.05% | 1.83x | $553.72 Million |
| Altisource Asset Management Corporation (AAMCF) | $-166.58 Million | 0.00% | 0.00x | $94.00 |
| Advance Auto Parts Inc (AAP) | $919.77 Million | 25.52% | 1.76x | $3.10 Billion |
| AB Dynamics plc (ABDDF) | $125.16 Million | 8.78% | 0.36x | $390.81 Million |
| Adient PLC (ADNT) | $4.62 Billion | 18.98% | 1.85x | $1.57 Billion |
| Agristar Inc (AGRS) | $687.77K | -63.01% | 1.48x | $99.67 |
| Akebono Brake Industry Co. Ltd (AKBIF) | $54.74 Billion | 12.11% | 1.84x | $73.29 Million |
| Allison Transmission Holdings Inc (ALSN) | $1.40 Billion | 16.35% | 2.44x | $9.85 Billion |
| Autoliv Inc (ALV) | $3.78 Billion | 12.79% | 0.74x | $7.75 Billion |
| Aptiv PLC (APTV) | $3.01 Billion | 44.84% | 2.56x | $15.18 Billion |
| Aisin Seiki Co Ltd (ASEKY) | $871.89 Billion | 1.90% | 1.27x | $5.03 Billion |